Explosive market trend is coming! Ethereum is sprinting towards a new high, how will the future trend unfold?

Ethereum has recently welcomed a strong surge, with prices quickly breaking through to around 1820. Whether it can break through the previous high of 1850 next is worth paying attention to!

From the four-hour chart, it remains in a consolidation range with no obvious signs of a breakout. Tonight's opening of the US stock market may drive the market to break out, and if it breaks through 1850, it is expected to challenge the strong resistance level of 1950. The support below is around 1750.